earnings
confidence high
sentiment negative
materiality 0.75
Krispy Kreme Q4 net loss $22.2M, revenue down 10.4% YoY; introduces 2025 guidance
Krispy Kreme, Inc.
2024-FY EPS reported
$0.02
revenue$1,665,397,000
- Q4 net revenue $404.0M (-10.4% YoY); organic revenue +1.8% but hurt by ~280 bps from cybersecurity incident.
- Q4 GAAP net loss $22.2M vs $1.9M net income; adjusted EPS $0.01 vs $0.09.
- Full-year net revenue $1,665.4M (-1.2%); organic revenue +5.0% but ~70 bps cyber impact.
- Full-year adjusted EBITDA $193.5M (-8.6%); GAAP net income $3.8M vs loss $36.6M.
- CEO announces plans to outsource U.S. logistics and evaluate refranchising certain international markets.